Shanghai Shentong MetroLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Shentong MetroLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥374.8M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are CN¥2.5B and CN¥736.3M respectively. Shanghai Shentong MetroLtd's EBIT is CN¥82.0M making its interest coverage ratio 16.1. It has cash and short-term investments of CN¥265.5M.
Key information
21.0%
Debt to equity ratio
CN¥374.83m
Debt
| Interest coverage ratio | 16.1x |
| Cash | CN¥265.50m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥736.34m |
| Total assets | CN¥2.52b |
Recent financial health updates
Recent updates
Is Shanghai Shentong MetroLtd (SHSE:600834) Using Too Much Debt?
Dec 24
Shanghai Shentong MetroLtd's (SHSE:600834) Returns On Capital Are Heading Higher
Sep 30Shanghai Shentong MetroLtd's (SHSE:600834) Soft Earnings Are Actually Better Than They Appear
Sep 05Shanghai Shentong Metro Co.,Ltd.'s (SHSE:600834) Shares Climb 30% But Its Business Is Yet to Catch Up
Jul 24Shanghai Shentong MetroLtd (SHSE:600834) Is Increasing Its Dividend To CN¥0.052
Jul 15Financial Position Analysis
Short Term Liabilities: 600834's short term assets (CN¥747.0M) exceed its short term liabilities (CN¥585.0M).
Long Term Liabilities: 600834's short term assets (CN¥747.0M) exceed its long term liabilities (CN¥151.4M).
Debt to Equity History and Analysis
Debt Level: 600834's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 600834's debt to equity ratio has reduced from 77.5% to 21% over the past 5 years.
Debt Coverage: 600834's debt is well covered by operating cash flow (133.9%).
Interest Coverage: 600834's interest payments on its debt are well covered by EBIT (16.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 11:10 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Shanghai Shentong Metro Co.,Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yichao Han | Changjiang Securities Co. LTD. |
| Xiao Bao Liu | Everbright Securities Co. Ltd. |
| Lijun Ji | Shanghai Securities Company |